Answer Posted / shivesh

repo rate is the rate at which our bank borrow rupees from
RBI.A reduction in repo rate will help bank to get money at
cheaper rate.

WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

2011

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In OD Account How Many Interest Paid or Not? and second CC Account How Many Interest Paid or Not?

2082

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

2410

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What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?

2286

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• What are the types of cash flows?

2199

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Debit Note & Credit Note?

2171

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in a every intervew asking one common question why you are living current employer, which is the best answer

2995

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Short Answer on ________Accounts Payables

1927

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wages posted twice what is the entry for that?

2323

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difference between vat 47 & vat 49

3184

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Have you worked with other on team endeavors

1977

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What is finance lease

2116

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How can retify the errors in the trial balance

2233

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During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1863

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What is Goods Lost by Fire/Accident/Theft ?

1731

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